Crypto Regulation
El Salvador’s Bitcoin Strategy Faces IMF Scrutiny
The International Monetary Fund (IMF) has asked the *Government of El Salvador to reduce the country’s exposure to Bitcoin (BTC), citing concerns about the nation’s Bitcoin legislation and widespread use...
Trump, Harris, and the Future of U.S. Crypto Regulation: What to Expect
The upcoming U.S. presidential election, with Donald Trump as the Republican frontrunner and Kamala Harris representing the Democrats after Joe Biden’s exit, serves as a turning point for the crypto...
Australian Police Crack Seed Phrase, Seize $9.5M in Crypto
The Australian Federal Police (AFP) seized $9.5 million in digital assets from the alleged mastermind behind an organized crime application called Ghost. The AFP-led Criminal Assets Confiscation Taskforce (CACT) arrested...
Investor Ditches UK for Switzerland’s Crypto Valley
Christian Angermayer, a leading investor, is leaving the UK for Switzerland. The entrepreneur cited Switzerland’s favorable cryptocurrency regulations and better business environment for digital assets as his reasons for relocate....
Dubai’s VARA Issues New Crypto Marketing Guidelines, Mandates Risk Disclaimers
Dubai’s Virtual Assets Regulatory Authority (VARA) has released new marketing guidelines for virtual asset firms, according to a Bloomberg report. The updated guidelines require stronger disclaimers about the risks of...
$125,000 Stolen From Crypto Exchange in Hong Kong, Two Men Caught
Hong Kong Police arrested two men in connection with a theft at a digital currency exchange shop in the Sham Shui Po district. The Sham Shui Po Police District Crime...
Silvergate Collapse: Did Warren and Biden Push the Bank to Fail?
The crypto industry saw the downfall of several crypto-friendly banks last year and according to a report from Pirate Wires, Massachusetts Senator and member of the Senate Banking Committee, Elizabeth...
Crypto Now Safer in South Korea Thanks to This New Foundation
South Korea’s Financial Services Commission (FSC) has given the green light to a foundation designed to protect users’ crypto assets. The Digital Asset Protection Foundation will safeguard assets in the...
Australia’s RBA Holds Steady on Rates, Optimism on Inflation Fight
The Reserve Bank of Australia (RBA) has held its interest rates steady for almost a year now, showing confidence in the country’s fight against inflation. Even with concerns about high...
Bithumb’s Bank Switch Under Review by South Korean Regulator
The Financial Intelligence Unit (FIU) of South Korea’s Financial Services Commission (FSC) is currently assessing Bithumb’s proposal to change its real-name account partner bank. Even so, Bithumb has submitted draft...
DeFi Education Fund CLO: Positive Crypto Sentiment is on the Rise
DeFi Educational Fund’s Chief Legal Officer Amanda Tuminelli believes the sentiment toward cryptocurrencies is getting better, with more people feeling positive about the technology. Tuminelli shared this view during a...
Consensys’ SEC Challenge Fails: Texas Court Dismisses Lawsuit
A Texas court has dismissed the lawsuit brought by the blockchain software company Consensys challenging the SEC’s alleged regulatory overreach. The court’s decision comes after the SEC dropped its investigation...
Scaramucci Sees Bitcoin Soaring to $100,000 on Rate Cuts, Crypto Clarity
Hedge fund manager and SkyBridge Capital founder Anthony Scaramucci foresees Bitcoin reaching new all-time highs, according to a Bloomberg report. Scaramucci explained that this potential growth will stem from interest...
Fed Rate Cut: Economist Urges Caution, Citing Inflation and Unemployment
Standard Chartered Bank economist Steve Englander has issued a warning against a 50 basis point rate cut by the Federal Reserve, citing persistent inflation and rising unemployment. Given the current...
SEC Commissioners to Face Congress: Crypto Regulation in Spotlight
The five Commissioners of the United States Securities and Exchange Commission (SEC) are set to testify before the US House Committee on Financial Services, chaired by Representative Patrick McHenry of...
SEC’s ‘Weird Way’ to Regulate Crypto Draws Criticism from Crypto Lawyer
Prominent lawyer focused on cryptocurrencies, James Murphy, also known as MetaLawMan across his social media handles, took shots at the United States Securities and Exchange Commission (SEC) for its “weird”...
ETH Transactions Free from SEC’s Clutches? Coinbase CLO Raises Intrigue!
Coinbase Chief Legal Officer Paul Grewal has called out the Securities and Exchange Commission (SEC) for what he perceives as inconsistent treatment of cryptocurrencies, particularly in comparison to Ether. In...
Crypto Market Calm Before Fed Rate Decision, 25 Basis Point Cut Expected
Despite economic fluctuations and the U.S. presidential debate, financial markets including the tightly-aligned crypto market have remained relatively calm this week. Investors are laser-focused on the upcoming Federal Reserve meeting,...
Winklevoss: Warren’s Crypto Regulation Hurts 50 Million U.S. Investors
Tyler Winklevoss, the co-founder of the digital asset trading platform Gemini, used social media platform X (formerly Twitter) to criticize an email from Senator Elizabeth Warren of Massachusetts. He labeled...
Governor’s Veto Overruled: North Carolina Takes a Stand Against Federal CBDC
The North Carolina General Assembly has passed a bill restricting the state’s adoption of the United States Federal Reserve-issued central bank digital currency (CBDC). This came after the state Senate...
SEC Crypto Crackdown: $4.7 Billion in Enforcement Actions This Year
The U.S. Securities and Exchange Commission (SEC) has ramped up its enforcement efforts against crypto firms in 2024, collecting $4.7 billion in fines—a massive 3,018% increase from the previous year....
Nigerian SEC to Crack Down on Unregulated Crypto Exchanges
The digital asset trading platforms and individuals in Nigeria that are not complying with local laws will face action from the country’s securities regulator, the Securities and Exchange Commission (SEC),...
Harris Skips Crypto Regulation as Trump Leads Polymarket with 52%
Kamala Harris, the Democratic candidate for the 2024 U.S. presidential election, has deprioritized crypto regulation, leading to Donald Trump’s surge on Polymarket, where he now leads with 52%, compared to...
Interest Rate Cut vs. Inflation: The Fed’s Dilemma and Crypto’s Future
The U.S. Federal Open Market Committee (FOMC) is set to meet on September 17-18, and analysts are anticipating an interest rate cut. The CME FedWatch tool currently predicts a 31%...
Ripple CLO Slams SEC’s “Fabricated” Terminology in Crypto Regulation Cases
Legal experts, including Ripple’s Chief Legal Officer, argue that the U.S. Securities and Exchange Commission (SEC) continuously attempts to mislead judges by using the term “crypto asset security” without legal...
